EyeCity Announces News of Signing of the Memorandum of Understanding With Project Initiatives of Africa
March 29 2012 - 4:31PM
EyeCity.com, Inc. (Pink Sheets:ICTY) announced today the news that
is a follow-up to its previously announced merger information.
ICTY is pleased to announce the signing of a Memorandum of
Understanding with Project Initiatives of Africa (PIA) to take
advantage of mining concessions and ongoing operations in gold rich
Ghana, West Africa.
PIA's experienced management team has been in Ghana for over 4
years conducting surveys, geological studies and has identified
multiple locations to conduct mining operations.
In addition, PIA is currently in the initial stages of
excavation and production on a very lucrative large scale
concession in the Ashanti region in West Ghana Africa that borders
the resource rich Ashanti gold belt, world to one of the largest
independent gold mines in the world, Anglo Gold Ashanti.
As previously reported, this Memorandum of Understanding has
been signed and additional details will be provided in the upcoming
weeks including information about what is currently going on the
ground with PIA.
In addition, ICTY is proud to announce the addition of several
strong management team members with strong international finance
and business skills. ICTY is also negotiating a European
partnership to bring in additional finance for its mining
relationships.
Mr Bradley R. Wilson commented that the addition of strong
management, the European financial partnership plus other deals
currently being negotiated on both the mining and the financial
fronts are targeted to take ICTY to new heights.
ICTY will also release its brand-new web site in April with all
the pertinent information on the MOU, the business expertise,
project information and additional content that will be extremely
beneficial to our shareholders. This will also include pertinent
contact details and options to reach EyeCity management, customer
service and Investor Relations.
Given the continued strong global demand for base and precious
metals many forecast that gold prices will continue to trend
higher. These mining operations and partnerships were targeted
based upon reported resources and long term growth of assets.
The Company again cautions all shareholders that non-verifiable
rumors are not credible.
The only credible information is as officially presented as fact
by EyeCity.com, Inc. management through press releases and on its
soon to be launched web site.
Kindest Regards,
Bradley R Wilson
Safe Harbor Statement: This news release includes
forward-looking statements pertaining to future anticipated
projected plans, performance and developments, intended to qualify
for the safe harbor from liability established by the Private
Securities Litigation Reform Act of 1995. Any statements on this
news release that are not statements of historical fact should be
considered forward-looking statements. These forward-looking
statements generally can be identified by phrases such as
"believes," "expects," "anticipates," "foresees," "forecasts,"
"estimates," "intends," or other words or phrases of similar
import. Similarly, statements in this news release that describe
the Company's business strategy, outlook, objectives, plans,
intentions or goals also are forward-looking statements. All such
forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those in forward-looking statements.
CONTACT: Investor Relations: 678.772.1148
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